Yerevan/Mediamax/. “Inecobank” has been awarded by Commerzbank for spotless cooperation in the sphere of trade financing in 2010.

Commerzbank has been cooperating with “Inecobank” in the course of 15 years; cooperation in the sphere of trade financing was initiated in 2010, within the framework of which “Inecobank” offers its customers letters of credit and bank guarantees, approved by Commerzbank.

Mediamax was informed in the press service of “Inecobank” that in the sphere of trade financing services, the bank has an effective and full range of tools. The bank actively cooperates with EBRD, IFC, Atlantic Fortfaitierungs AG and OFID.

Letters of credit and guarantees are a convenient tool of international trade financing for legal entities and are provided for import and export of goods, provision of prepayment and fulfillment of the agreement.